Stock Market Update. April 2nd, 2014. InvestWithAlex.com

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A relatively flat day with the Dow Jones up 40 points (0.24%) and the Nasdaq up 8 point (0.20%)

The Dow tried to push for an all time high, but thus far, has failed to do so. Stopping and reversing right at 16,588. The exact top previously achieved on December 31st, 2013. A perfect double top…so to speak. While most bulls are celebrating the recent upswing I am a lot more cautious. All markets left a number of large gaps on the downside that they must go and close over the next few trading days. In fact, if Mr. Putin delivers on Ukraine and/or the jobs report on Friday disappoints, I would expect the market to take a significant beating. 

Plus, based on our timing and mathematical work the bear market of 2014-2017 is just around the corner. When it starts it will quickly take the market below it’s February 5th low. If you would be interested in learning when the bear market will start (to the day) and it’s internal composition, please Click Here 

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Stock Market Update. April 2nd, 2014. InvestWithAlex.com Google